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Featured local agent — Lamar, TX
Sarah Mitchell
Compass Real Estate · Lamar, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lamar, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$995,000median sale price
How is the Lamar, TX housing market right now?
The median home sale price in Lamar, TX is $995,000, up 54.9% year-over-year. Homes sell in an average of 53 days with 40 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lamar a buyer's or seller's market?
Lamar, TX is currently a buyer's market, based on 10.0 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
53
Average pace
Active listings
40
10.0 months supply
Sale-to-list
100.0%
Above asking
What does the Lamar housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $995,000 |
| Median list price | $650,000 |
| Year-over-year price change | +54.9% |
| Average days on market | 53 days |
| Active inventory | 40 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $427/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 5 |
| Listings with a price cut | 22.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lamar by property type?
How the Lamar, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $995,000 | $427/sq ft | 4 | 53 days |
| Condo / Co-op | $775,000 | $533/sq ft | 1 | 633 days |
| Townhouse | $645,000 | $315/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The Lamar housing market is currently classified as a buyer's market with a median sale price of $995,000. Prices have risen 54.9% compared to last year, with homes spending an average of 53 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Lamar
There are currently 40 homes listed for sale in Lamar, Texas. The median listing price is $650K.
Active listings
40
Homes on market
Median list price
$650K
Avg. days on market
53
Days until sale
New this week
5
Newly listed
Who lives in Lamar?
Population
1,282
Median income
$83,117/yr
Median age
60.3 years
Owner-occupied
91.7%
College grads
42.9%
Avg commute
52.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Lamar?
Lamar is a community of approximately 1K residents with a median age of 60.3 years.The median household income is $83,117, which reflects a relatively affluent area with strong earning potential. 42.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 52.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lamar offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lamar, TX?
Want a head-to-head view? Compare Lamar side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lamar?
The median home sale price in Lamar is $995,000, up 54.9% from last year.
How long do homes stay on market in Lamar?
Homes typically spend 53 days on market before going under contract.
What is the median income in Lamar?
The median household income is $83,117 per year.
Is Lamar a buyer's or seller's market?
With 10.0 months of supply, Lamar is currently a buyer's market.
What is the median condo price in Lamar?
The median condo/co-op sale price in Lamar, TX is $775,000, compared to $995,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lamar?
The median single-family home price in Lamar, TX is $995,000 (about $427 per square foot).
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